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101 Fraser Avenue, Fort McMurray
2024-11-14
Quick Summary
- Location
- 101 Fraser Avenue, Fort McMurray, Alberta T9H1Y9
- Price
- $450,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1055ft2
- Bedrooms:
- 4 bed +1
- Bathrooms:
- 2
- Year of Construction:
- 1967
MLS®#A2174816
Property Description
Prime Downtown Multi-Use Commercial PropertyDiscover an exceptional opportunity with this versatile property, uniquely positioned in a high-traffic, high-visibility downtown location. Zoned for commercial use, this property currently features a residential house with both upstairs and basement suites, along with a double car detached garage. Ideal for entrepreneurial spirits, it offers a flexible setup that allows you to live on-site in the basement while operating your business on the main level, or alternatively, transform the property entirely to suit your vision.With existing tenants in place, this property generates cash flow from day one, making it a savvy investment while you plan for its future potential. Originally envisioned as part of a larger redevelopment project, individual lots are now available for entrepreneurs to create their own unique business spaces.The property’s prominent corner location is perfect for a range of service-based businesses—whether a nail salon, barber shop, boutique retail, or other ventures looking to capitalize on the visibility and traffic flow. This is more than just a location; it’s a foundation for building equity and growing your business footprint in a prime area.Highlights:•Zoning: Commercial on a residential structure•Location: High-traffic downtown corner with excellent visibility•Current Setup: Upstairs and basement suites, double detached garage•Investment Potential: Immediate cash flow from existing tenants•Ideal For: Retail, salon, barber shop, service-based businesses•Future Development: Opportunity to redevelop or remodel to enhance commercial useSeize this chance to transition from renting to owning, enhance your business presence, and establish lasting assets in a premier downtown location. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Playground, Schools, Shopping
Building
- Appliances: Refrigerator, Dishwasher, Stove, Washer & Dryer
- Architectural Style: Bungalow
- Basement Development: Finished
- Basement Features: Separate entrance
- Basement Type: Full (Finished)
- Construction Style: Detached
- Cooling Type: Central air conditioning
- Fireplace: No
- Flooring Type: Linoleum, Vinyl
- Interior Size: 1055.49 sqft
- Building Type: House
- Stories: 1
Features
- Feature: See remarks
Land
- Land Size: 7600.22 sqft|7,251 - 10,889 sqft
Ownership
- Type: Freehold
Structure
- Structure: See Remarks
Zoning
- Description: SCL1
Information entered by RE/MAX FORT MCMURRAY
Listing information last updated on: 2024-11-14 21:14:19
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for properties under $700,000. For properties over $700,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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